PARADISE ENTERTAINMENT LIMITED 滙彩控股有限公司* （於百慕達註冊成立之有限公司） （股份代號：1180） 各位註冊股東： 於本公司網站刊登公司通訊之通知 謹此通知 閣下，滙彩控股有限公司（「本公司」）之下述公司通訊附註（「本次公司通訊」）之英文及中文版本，現已 於本公司網站www.hk1180.com及香港聯合交易所有限公司（「聯交所」）網站www.hkexnews.hk刊載；或本次公司 通訊之印刷本已隨件附上（如適用）： • 2025中期報告 請於本公司網站內的「投資者關係」一欄內按「財務報告」以閱覽本次公司通訊（「網站版本」）。本次公司通訊亦已 載於「披露易」網站www.hkexnews.hk。 倘 閣下因任何原因於瀏覽本公司網站刊載的本次公司通訊時出現任何困難，本公司在接獲 閣下要求後，將儘 快免費發送本次公司通訊的印刷本予 閣下。請於附奉之變更申請表格（「變更申請表格」）甲部適當空格內劃上 「✓」號。倘 閣下欲更改所有本公司日後公司通訊之收取方式之選擇，請於附奉之變更申請表格乙部適當空格內 劃上「✓」號。於填妥後，請簽署及以郵寄方式交回本公司的香港股份登記分處（「香港股 ...

Revenue and Profit - The reported total revenue for the six months ended June 30, 2025, was HKD 507.9 million, an increase of 19.4% compared to HKD 425.3 million for the same period in 2024[7]. - Revenue from the management of casinos in Macau was HKD 382.6 million, up from HKD 356.5 million in the previous year[8]. - Revenue from the sale and leasing of electronic gaming equipment and systems in Macau increased to HKD 125.0 million from HKD 68.2 million[8]. - The group recorded a profit of HKD 177.8 million for the six months ended June 30, 2025, representing a 48.9% increase from HKD 119.4 million in the same period of 2024[7]. - Adjusted EBITDA for the period was HKD 211.8 million, a 43.4% increase from HKD 147.7 million in the previous year[9]. - The increase in total revenue was primarily driven by the growth in casino management services and sales of electronic gaming equipment in Macau[7]. - For the six months ended June 30, 2025, the adjusted EBITDA was HKD 211.8 million, an increase of 43.4% from HKD 147.7 million for the same period in 2024[11]. - The adjusted EBITDA from the group’s managed casino in Macau, the Golden Fortune Casino, was HKD 170.5 million, up 18.6% from HKD 143.8 million in the previous year[12]. - The adjusted EBITDA for the electronic gaming equipment and systems segment was HKD 48.8 million, a significant increase of 335.7% from HKD 11.2 million in the prior year[13]. - The group reported a gaming revenue of HKD 698.9 million for the first half of 2025, representing a 7.2% increase from HKD 651.7 million in the same period of 2024[32]. Operational Performance - The average number of live hybrid gaming machine terminals increased to 973 from 956 year-over-year, contributing to the rise in gaming revenue[14]. - The average daily gaming revenue per live hybrid gaming machine terminal increased to HKD 2,497 from HKD 2,216, reflecting improved performance[16]. - Traditional gaming table revenue decreased slightly to HKD 235.2 million from HKD 240.4 million, with stable average table numbers[16]. - The group managed a total of 30 gaming tables and 100 slot machines at the Golden Fortune Casino, consistent with the previous year[15]. - The increase in electronic gaming equipment sales and upgrade services contributed to the significant rise in adjusted EBITDA for the electronic entertainment segment[13]. - The group anticipates continued growth driven by increased customer visits and the popularity of live hybrid gaming machines in the upcoming periods[17]. Market Expansion and Strategy - The company plans to continue expanding its operations in Macau and enhance its product offerings in the electronic gaming sector[7]. - The group is expanding its electronic gaming equipment supply business to other Asian markets, such as the Philippines and Sri Lanka, as well as North America[21]. - The group aims to strategically invest in innovative technologies and develop advanced electronic gaming equipment and systems to enhance its competitive advantage in the gaming industry[26]. - The group is expanding into emerging gaming markets such as the Philippines, Sri Lanka, and Malaysia, leveraging its industry reputation and expertise[31]. Financial Management - The group maintains a cautious financial management approach, ensuring a stable liquidity position as of June 30, 2025[35]. - The group holds bank deposits of HKD 49.8 million and cash balances of HKD 417.8 million as of June 30, 2025, reflecting an increase from the previous year[36]. - The group expects a significant reduction in reported revenue and profit attributable to shareholders after the service agreement with 澳娛綜合 expires on December 31, 2025[32]. - As of June 30, 2025, the total outstanding debt of the group was HKD 126,100,000, a decrease of 19.5% from HKD 156,700,000 as of December 31, 2024[38]. - The group's debt-to-equity ratio as of June 30, 2025, was 21.4%, down from 29.0% as of December 31, 2024, primarily due to a reduction in total borrowings by HKD 30,600,000[39]. - The group has a total of HKD 14,200,000 in unsecured shareholder loans as of June 30, 2025, down from HKD 25,600,000 as of December 31, 2024[41]. Employee and Operational Costs - The total employee costs for the six months ended June 30, 2025, amounted to HKD 132,100,000, an increase of 14.6% from HKD 115,300,000 for the same period in 2024[48]. - The group has approximately 760 employees as of June 30, 2025, including about 400 gaming business employees hired by a related company[48]. Shareholder Information - The company announced an interim dividend of HKD 0.075 per share for the six months ending June 30, 2025, totaling HKD 78.9 million, up from HKD 52.6 million for the same period in 2024[34]. - As of June 30, 2025, August Profit Investments Limited holds 630,836,720 shares, representing 59.95% of the total issued shares[52]. - The total number of options available for grant under the 2017 Share Option Scheme as of June 30, 2025, is 105,218,531, equivalent to 10% of the total issued shares at the time of the scheme's adoption[57]. - The company proposed to terminate the 2017 Share Option Scheme and adopt the 2025 Share Option Scheme, which was approved by shareholders on May 27, 2025[55]. Corporate Governance - The company has complied with the corporate governance code during the six months ending June 30, 2025, with some exceptions noted[71]. - The interim report and the unaudited condensed consolidated financial statements for the six months ending June 30, 2025, have been reviewed by the audit committee and independent auditors[75]. Tax and Compliance - The company recognized a tax expense of HKD 6,188,000 for the six months ended June 30, 2025, compared to HKD 1,646,000 for the same period in 2024, indicating a significant increase in tax obligations[103]. - The company has applied for a tax exemption from the Macau government for the period from January 1, 2023, to December 31, 2025, based on its service agreement with a gaming operator[104].

Core Viewpoint - The report from CICC gives a "Outperform" rating to Huicai Holdings (01180) with a target price of HKD 1.3, highlighting the company's strong position in the multi-live game (LMG) terminal sales to Macau gaming operators [1] Group 1 - CICC visited Huicai Holdings' R&D center in Zhuhai on September 23, indicating a proactive approach in understanding the company's operations [1] - The company maintains a solid advantage in selling LMG terminals to Macau gaming operators, with new potential suppliers unlikely to significantly erode its market share starting from Q4 2026 [1] - Huicai Holdings is making progress in game development, showing promising early signs, although it requires time to fully catch up [1]

Core Viewpoint - Credit Lyonnais has issued a report rating Huicai Holdings (01180) as "Outperform" with a target price of HKD 1.3 [1] Group 1: Company Insights - The report highlights that Credit Lyonnais visited Huicai Holdings' R&D center in Zhuhai on September 23 [1] - The company maintains a strong advantage in selling Multi-Player Live Game (LMG) terminals to Macau gaming operators [1] - From Q4 2026 onwards, new potential suppliers are unlikely to significantly erode Huicai's market share [1] Group 2: Development and Future Outlook - Huicai Holdings is making progress in game development, showing promising early signs [1] - However, the company requires time to fully catch up in this area [1]

Group 1 - The core viewpoint of the article highlights the strong performance of Macau gaming stocks, driven by various factors including events, wealth effects from the stock market, relaxed visa policies, and ongoing security concerns in Thailand and the Philippines, leading to increased mainland tourist visits to Hong Kong and Macau [1] - According to Goldman Sachs, the gaming companies in Macau expect strong demand during the upcoming Golden Week, supported by nearly full hotel bookings and positive customer communications, with the National Games not significantly impacting gaming revenue [1] - The overall industry anticipates sustained strong growth momentum for the remainder of the year, with Goldman Sachs projecting a 9% year-on-year increase in Macau's total gaming revenue (GGR) for 2025, translating to a 14% year-on-year growth from September to December this year, and a 7% growth in 2026 [1] Group 2 - Specific stock performances include Wynn Macau rising nearly 3%, Galaxy Entertainment up 2%, Melco International Development increasing by 1.5%, Sands China and Suncity Group both gaining over 1%, and MGM China following suit [1] - The latest stock prices and changes are as follows: Wynn Macau at 6.830 (+2.71%), Galaxy Entertainment at 41.540 (+1.96%), Melco International Development at 5.380 (+1.51%), Sands China at 20.600 (+1.28%), Suncity Group at 0.890 (+1.14%), and MGM China at 15.610 (+0.13%) [1]

股份發行人及根據《上市規則》第十九B章上市的香港預託證券發行人的證券變動月報表 | 截至月份: | 2025年8月31日 | | | | 狀態: 新提交 | | --- | --- | --- | --- | --- | --- | | 致：香港交易及結算所有限公司 | | | | | | | 公司名稱: | 滙彩控股有限公司 | | | | | | 呈交日期: | 2025年9月1日 | | | | | | I. 法定/註冊股本變動 | | | | | | | 1. 股份分類 | 普通股 | 股份類別 | 不適用 | 於香港聯交所上市 (註1) | 是 | | 證券代號 (如上市) | 01180 | 說明 | | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | | | | 法定/註冊股份數目 | | 面值 | | 法定/註冊股本 | | | 上月底結存 | | | 1,000,000,000,000 HKD | | 0.001 | HKD | 1,000,000,000 | | 增加 / 減少 (-) | | | | | | HKD | ...

Group 1 - The core viewpoint of the article highlights the significant increase in the stock price of Melco International Development, which rose over 14%, leading the gains in Macau gaming stocks [1] - Melco International Development reported a net revenue of HKD 19.965 billion for the six months ending June 30, 2025, representing a year-on-year increase of 12.38% [1] - The company achieved a profit attributable to shareholders of HKD 351 million, marking a turnaround from a loss in the previous year, with basic earnings per share of HKD 0.18 [1] Group 2 - The Macau hotel and tourism industry anticipates a boost in tourism due to upcoming major events such as the National Day Golden Week, the 15th National Games, and the Grand Prix, which are expected to drive visitor numbers close to 2019 levels [1] - Analysts suggest that the concentration of large events in Macau during the second half of the year will directly enhance tourist volume and stimulate gaming demand, providing fundamental support for gaming stocks [1]

汇彩控股(01180)涨近13%，截至发稿，涨12.9%，报1.05港元，成交额673.48万港元。 消息面上，汇彩控股发布截至2025年6月30日止6个月业绩，该集团期内取得收入5.08亿港元，同比增加 19.44%；公司拥有人应占溢利1.72亿港元，同比增加48.52%；每股基本盈利16.4港仙；拟派发中期股息 每股7.5港仙，上年同期5港仙。 ...

消息面上，汇彩控股发布截至2025年6月30日止6个月业绩，该集团期内取得收入5.08亿港元，同比增加 19.44%；公司拥有人应占溢利1.72亿港元，同比增加48.52%；每股基本盈利16.4港仙；拟派发中期股息 每股7.5港仙，上年同期5港仙。 智通财经APP获悉，汇彩控股(01180)涨近13%，截至发稿，涨12.9%，报1.05港元，成交额673.48万港 元。 ...

来源：格隆汇APP 格隆汇8月27日丨汇彩控股(01180.HK)发布公告，截至2025年6月30日止六个月，实现收益5.08亿港元， 同比增加19.4%；毛利为3.29亿港元，同比增加27.3%；公司拥有人应占溢利为1.72亿港元，同比增加 48.5%；基本每股盈利16.4港仙，拟派中期股息每股股份7.5港仙。报告期内，集团的呈报总收入增加主 要由于在澳门提供娱乐场管理服务及销售电子娱乐设备及系统的收入增加。 ...